S.Korea's Daewoo Wins $502m Order

Friday, June 30, 2006
Reuters has reported that Daewoo Shipbuilding and Marine Engineering Co., has won a $502.4m order to build a drillship for a company based in the Americas. Daewoo said in a filing to the Korea Exchange it would deliver the ship by April 15, 2009. Source: Reuters
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Contracts

BHP Billiton Focus on Operation & Productivity

* BHP Billiton is now targeting US$4 billion of annualised productivity gains in its core portfolio by the end of the 2017 financial year, a US$500 million increase on previous guidance.

Sapurakencana Wins 3 Petronas Oil blocks

SapuraKencana Petroleum Berhad today announced that it has entered into Sale and Purchase Agreements to acquire the entire interest of PETRONAS in 3 blocks offshore

Time-out for Kwanza Drilling

Statoil has decided to cancel the Stena Carron rig contract after fulfilling the work commitments in the Statoil-operated blocks 38 and 39 in the Kwanza basin offshore Angola.

Coast Guard

USCG Medevacs 80 Yr-Old Near Lake Michigan

A Coast Guard aircrew medically evacuated an 80-year-old man off Beaver Island in Lake Michigan Sunday night. The man’s name is not being released. At 5:40 p.

USCG Assist Duck Hunters Near Harrington Beach Park

The Coast Guard and the Port Washington and Cedar Grove Fire Departments came to the assistance of two duck hunters on Lake Michigan Friday. The names of those involved are not being released.

7 Rescued from Sinking Freighter Near Haiti

Seven crewmembers were rescued after their 100-foot coastal freighter began taking on water and sank approximately 45 miles north off of Cap Haitien, Haiti, Friday.

 
 
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